Friday, 23 July 2010

Speculating on food can starve the world's poorest: Sudden price spikes and falls in food prices cannot be explained away – the banks are making a killing from betting on food.


World stocks, dollar fall on Bernanke economy view: World stock markets slid Thursday and the dollar fell, undermined by worries about the global recovery after Federal Reserve Chairman Ben Bernanke warned the U.S. economy faces uncertain prospects.


Jobless Claims in U.S. Increase: The figures underscore projections that a lack of jobs will restrain consumer spending, the biggest part of the economy, and lead to slower growth in the second half of the year.